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Social Housing Reform (M90)

Overarching Purpose Statement

The overarching purpose of this appropriation is to improve the variety of social housing in New Zealand and grow the community housing sector, by making Housing New Zealand Corporation stock available to social housing providers.

Scope of Appropriation

Departmental Output Expenses

Implementation of the Social Housing Reform Programme
This category is limited to the policy, operational, and transactional work to implement the Government's reform of social housing.

Non-Departmental Output Expenses

Direct Sale Costs for Implementing the Social Housing Reform Programme
This category is limited to direct sales costs of implementing the Government's reform of social housing.

Expenses, Revenue and Capital Expenditure

2015/16
Estimates
$000
Supplementary Estimates
$000
Total
$000

Total Appropriation

12,5005,32517,825

Departmental Output Expenses

Implementation of the Social Housing Reform Programme4,6006,32510,925

Non-Departmental Output Expenses

Direct Sale Costs for Implementing the Social Housing Reform Programme7,900(1,000)6,900

Funding for Departmental Output Expenses

Revenue from the Crown

4,6006,27510,875
Implementation of the Social Housing Reform Programme4,6006,27510,875

Revenue from Others

-5050
Implementation of the Social Housing Reform Programme-5050

Reasons for Change in Appropriation

This appropriation increased by $5.325 million to $17.825 million due to:

  • the transfer of unused funding from 2014/15 to 2015/16 of $3.576 million for the continuation and expansion of the programme, and
  • the reallocation of $1.749 million of overhead costs across departmental output expenses.
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